Duplex with Two-Bedroom
23011 GULFCOAST Avenue, Port Charlotte, FL 33980
For Sale
New
$259,000
Residential Income, PORT CHARLOTTE, FL
Property Size1,772 SF
Lot Size0.19 Acres
Price / SF$146.16
Days on Market5
Property Features for 23011 GULFCOAST Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
BARNES & PHILLIPS REAL ESTATE
Listed By:
Billy Jones · License FL #629097
(941) 743-4200
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 10:06AM
MLS# C7533045
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two separate units, each configured with two bedrooms and one bathroom. The 1,772-square-foot building dates to 1957 and sits on a 0.19-acre parcel. Block and stucco construction, a shingle roof, central heating and air conditioning, and ceramic tile flooring are among its physical features. Each unit’s listed appliances include a range, range hood, refrigerator, and electric water heater. A deck and rain gutters are also present.
The roof was replaced in 2023. The property is within walking distance of Sunseeker Resort and a short drive across the bridge from downtown Punta Gorda. Shopping, schools, medical facilities, and major roadways are also identified in the surrounding area. Public water and public sewer serve the property, and its zoning designation is NBR.
The roof was replaced in 2023. The property is within walking distance of Sunseeker Resort and a short drive across the bridge from downtown Punta Gorda. Shopping, schools, medical facilities, and major roadways are also identified in the surrounding area. Public water and public sewer serve the property, and its zoning designation is NBR.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,772 square feet on a 0.19‑acre parcel
- Roof replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,142
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,840
$342.8K
Cap Rate 7%
$244,886
$244.9K
Cap Rate 9%
$190,467
$190.5K
Market Conditions
NOI Build-Up for 1,772 SF
Gross rent
$30.2K $17.04/SF
− Vacancy
−$5.7K −$3.22/SF
EGI
$24.5K $13.82/SF
− OpEx
−$7.3K −$4.15/SF
NOI
$17.1K $9.67/SF
Area
Charlotte County, FL
Vacancy
18.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,840
Cap Rate 7%
$244,886
Cap Rate 9%
$190,467
Alternative Uses
Best Use
Multifamily LT 5
$244.9K
$214.3K – $285.7K
NOI $17,142 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$223.5K
$195.6K – $260.7K
NOI $15,644 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$580.2K
$507.7K – $676.9K
NOI $40,614 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
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Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Port Charlotte, FL
Properties on Market for Duplexes in Port Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A recent roof replacement and public water and sewer service add practical features to this residential income property.
Where is this duplex located?
The property is located at 23011 GULFCOAST Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,772 square feet on a 0.19‑acre parcel; Roof replaced in 2023
